China and Micronesia sign Economic and Technical Cooperation Agreement worth $1.8 million USD

$1.8M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Trust Fund of the Federal States of Micronesia
Country	Micronesia
Start Date	Jan 02, 2004
End Date	Jun 09, 2030
Duration	9,655 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`61330`

Grant Description

On 2 October 2004, Chinese and Micronesian government officials signed an economic and technical cooperation agreement (ETCA) worth $1.8 million USD for unspecified purposes. It is unclear if this ETCA is a grant or interest-free loan. The sub-projects are unknown.

📚 Sources & References

China provides 1.8 million for FSM projects Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.